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Category: BUSINESS

Posted on 14/04/2023

UAE and China promise Pakistan $1.3 bln to get IMF deal on track

PAKISTAN – Pakistan announced financial support Friday from the United Arab Emirates and China totalling $1.3 billion, giving the ailing economy a shot in the arm as it seeks to meet conditions for …

Posted on 14/04/2023

Air Canada to launch new Vancouver-Dubai Service

Air Canada has announced the strategic expansion of its international network with the addition of new, non-stop flights from its hub at Vancouver International Airport (YVR) to Dubai.

Posted on 14/04/2023

UAE player lands $412 million contract at world’s second largest offshore oilfield

Adnoc is greatly expanding the capacity of some of its largest offshore oilfields, as it aims to achieve a 5 million barrels per day production capacity by 2027, up from the existing 4 million bpd.

Posted on 14/04/2023

UAE player lands sizeable Upper Zakum services contract

Adnoc Drilling has landed a $412 million contract to provide integrated drilling services (IDS) for Abu Dhabi National Oil Company’s huge Upper Zakum oilfield. The emirati drilling giant said in a …

Posted on 14/04/2023

BP and EnBW tap Kent for 2.9 GW offshore wind project in Scotland

Dubai-based Kent has landed a contract to carry out pre-front-end engineering and design for the 2.9 GW Morven offshore wind project being developed by BP and Germany’s Energie Baden-Württemberg (EnBW …

Posted on 14/04/2023

UAE confirms to IMF its $1bn bilateral support to Pakistan, says Dar

“UAE authorities have confirmed to IMF for their bilateral support of $1 billion to Pakistan,” Dar tweeted. “The State Bank of Pakistan (SBP) is now engaged for needful documentation for taking the …

Posted on 14/04/2023

UAE confirms to IMF support of $1 bln to Pakistan – finance minister

The United Arab Emirates has confirmed to the International Monetary Fund that it will provide support of $1 billion to Pakistan, the South Asian country’s finance minister said on Friday.

Posted on 14/04/2023

Eid Al Fitr in UAE: Kandooras, abayas see surge in demand ahead of festival, shops receive 5 times the business

With Eid Al Fitr drawing in, most residents are focusing on devotion whereas others are directing their attention towards business as orders pour in ahead ..

Posted on 13/04/2023

Sharjah Performing Arts Academy Highlights Their Exclusive Trinity Level 6 Dance Diploma

Sharjah Performing Arts Academy (SPAA) is proud to highlight its Level 6 Diploma in Professional Dance, the only p …

Posted on 13/04/2023

Gachagua receives first petroleum import under govt to govt deal

The oil tankers are being received from United Arab Emirates (UAE) after the Kenyan government signed a Government-to-Government (G2G) deal with UAE’s Abu Dhabi National Oil Corporation (ADNOC) Global …

Posted on 13/04/2023

Dyson unveils new Mall of the Emirates demo store

Dyson expands its retail presence in the UAE with the opening of its Mall of the Emirates demo store on 28 March. The new immersive store will be the …

Posted on 13/04/2023

BP-led wind project prize goes to Dubai engineering house

Dubai-headquartered engineering services provider Kent has been awarded a contract to conduct a pre-Front End Engineering Design (pre-FEED) study for the BP-led Morven offshore wind project in …

Posted on 13/04/2023

Abu Dhabi names 11 top-performing schools eligible for maximum tuition fee increase

Abu Dhabi’s private education regulator has named the 11 top-performing schools which will be eligible to raise tuition fees by up to 3.94 per cent for the 2023-24 academic year. The emirate’s …

Posted on 13/04/2023

Abu Dhabi: New bridge linking Bani Yas East and West opens, travel time reduced to 3 minutes

Mohammed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport (DMT), on Thursday inaugurated a new bridge connecting Bani Yas East and West in Abu Dhabi. The new bridge, located …

Posted on 13/04/2023

Abu Dhabi inaugurates new bridge linking Bani Yas East and Bani Yas West

Bridge cuts travel time between two suburbs from 11 minutes to 3 minutes Abu Dhabi officials inaugurating the new bridge connecting its Bani Yas East and Bani Yas West suburbs. Image Credit: Supplied …

Posted on 13/04/2023

UAE to strengthen its position as a global hub for advanced technology

In a bid to strengthen the UAE’s standing as a global hub for advanced technology, a delegation from the Abu Dhabi Fund (ADFD) for Development and the Abu Dhabi Exports Office (ADEX) …

Posted on 13/04/2023

Fugro’s Pegasus Becomes First Registered Over-The-Horizon USV in UAE

Fugro’s Blue Essence-series uncrewed surface vessel (USV), the Fugro Pegasus, has received full navigation licensing from the …

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